Domino's Pizza Group Plc announce a total dividend for FY23 of 10.5p per share, with final dividend of 7.2p proposed to be paid on 9 May 2024. The ex-dividend date is 4 April 2024, and the record date is 5 April 2024.
Other financial highlights include:
Like-for-like system sales (exc. splits and VAT) up 5.7% (FY22: +5.3%)
Q4 23 +0.4% against a tough comparator (Q4 22: +13.9%)
Group revenue up 11.1% (53-week basis: +13.2%), driven by an increase in system sales volume, acceleration of store openings and the pass-through of increased food cost
Underlying EBITDA up 3.6% (53-week basis: +6.1%), which includes £8.9m of previously guided technology platform costs and no contribution from Germany (FY22: £2.6m)
Statutory profit after tax of £115.0m, +40.9%, driven by proceeds from the disposal of the German associate, generating a profit of £40.6m recorded in non-underlying results
Strong free cash flow of £97.0m, up 22.8% vs. FY22
£90m returned to shareholders through share buybacks in FY23
